Financial Advisors

Nov 10, 2004 5 Replies

Can and do independent financial advisors charge a fee when searching for a mortgage for a client? Or do they receive their monies from the financial institutions.


Can be either depending upon the advisor.

See (Note last comma) as an example of how to play them off against each other.

hth

Daytona

Yes, especially if it complex/time consuming.

I don't think moneyextra charge fees, they get paid by the lender - never used them though.

Some might.

Or do they receive their monies from the financial

Not if the mortgage does not go ahead.

Rob Graham

Just watch out though, that site is out of date, i.e. pre-1/11/04.

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